Question
According to the classical assumption of constant cost functions in manufacturing, the price of a product equals to its ___________ and is not affected by
According to the classical assumption of constant cost functions in manufacturing, the price of a product equals to its ___________ and is not affected by the demand for the product
Group of answer choices
Average cost
Marginal cost
Total cost
Fixed cost
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Management And Organisational Behaviour
Authors: Laurie Mullins
7th Edition
0273688766, 978-0273688761
